AP - The European Championship will be a big moneymaker for its hosts, Austria and Switzerland, even without England and its 40,000 traveling fans.

AP - China's leaders met Monday in Beijing to thrash out economic policy for 2008, seeking to cool inflation and excess investment without stifling the growth needed to keep incomes and employment rising.

Reuters - Financial market anxiety has rebounded and the process of rebuilding confidence will be "long and slow," a top U.S. Treasury official said on Tuesday.

Reuters - Worker confidence stumbled to a record low in November, reflecting growing pessimism over jobs and personal finances stemming from housing and credit troubles, a survey released on Wednesday shows.

Reuters - Britain's second-biggest bank said it suffered less damage than widely feared from the global credit crisis as investors waited on Thursday for the detail of a rescue plan for U.S. homeowners from President George W. Bush.

Reuters - The outlook for economic growth in the Group of Seven leading industrial nations will continue to weaken and the 30-nation OECD area will see a moderate downturn, an OECD report said on Friday.

Reuters - (Corrects paragraphs 1, 5 to say October drop was third, not second, largest year-over-year decline in pending home sales)

AFP - The US economy has sailed through a series of rough patches, but the Federal Reserve is likely to cut interest rates Tuesday to guard against the effects of a brewing economic storm, analysts say.

Reuters - The U.S. subprime mortgage crisis was an 'accident waiting to happen' as a period of unprecedented global growth seduced investors into underpricing risk, former Federal Reserve Chairman Alan Greenspan argued in an article published by The Wall Street Journal on Wednesday.

Reuters - There is a 40 percent chance that the United States economy will fall into recession next year, a senior analyst at Fitch Ratings said on Thursday.

AP - Confidence in business conditions at major Japanese companies fell from three months ago, a closely watched Bank of Japan survey showed Friday, dampening expectations of an interest rate hike and clouding the outlook for the world's No. 2 economy.

Reuters - The U.S. economy is showing early signs of stagflation as growth threatens to stall while food and energy prices soar, former U.S. Federal Reserve Chairman Alan Greenspan said on Sunday.

AP - China will tighten monetary controls next year to curb rapid credit growth, said a deputy central bank governor quoted Monday by a government newspaper.

Reuters - The global credit crunch will curb euro zone economic growth in the coming quarters but activity will be supported by robust employment and record-high corporate profitability, the European Commission said.

AP - The Japanese government on Wednesday projected the economy would grow 2 percent next fiscal year even as the economy minister warned that target would be hard to reach if the U.S. economy slows and oil prices remain high.

AFP - The US economy grew at a healthy 4.9 percent clip in the third quarter before being buffeted by a worsening housing slump and tighter credit in recent months, the government said Thursday.

Reuters - U.S. consumers' mood brightened a bit in late December, but still soured for the month as a whole, the third straight month that it did so, leaving sentiment near its lowest since Hurricane Katrina, a report showed on Friday.

AP - Interest rates on short-term Treasury bills rose in Monday's auction to their highest levels in more than a month.

AP - Germany's economy minister said the government must lower its 2008 economic growth forecast, according to an interview released Wednesday.

Reuters - New applications for U.S. jobless benefits unexpectedly rose by 1,000 last week, while the number of longer-term unemployed rose to its highest in more than two years, the government said on Thursday.

Reuters - U.S. new home sales fell a steeper-than-expected 9 percent in November, but business activity elsewhere perked up this month, according to reports on Friday that showed pockets of strength in the economy despite a housing sector meltdown.

AP - The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years.

AP - Sales of previously owned homes inched up in November but that didn't change the overall bleak picture for an ailing housing industry that has been suffering through a painful slump.